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Shareholders in Guangzhou Fangbang ElectronicsLtd (SHSE:688020) Have Lost 60%, as Stock Drops 13% This Past Week
The competition in flexible circuit boards is intensifying, and guangzhou fangbang electronics reported a loss of 17.6714 million yuan in the third quarter.
①Guangzhou Fangbang Electronics stated that the decline in performance was due to increased market competition in the smart phone and Flexible Printed Circuit (FPC) industry during the reporting period, the industry chain showing a trend of cost reduction, which had a certain impact on the company's sales volume, selling price, and product structure of the screen protective film; ②Haitong Int'l believes that with the leading AI company nvidia releasing GB200, the future market space for high-speed copper cables for servers will grow rapidly.
Third Quarter Report 2024
Guangzhou Fangbang Electronics (688020.SH): The net loss for the first three quarters was 39.6267 million yuan
Fangbang Electronics (688020.SH) announced on October 27th that in the first three quarters of 2024, it achieved revenue of 0.242 billion yuan, a decrease of 10.30% year-on-year; net income attributable to shareholders of the listed company was -39.6267 million yuan, with a basic eps of -0.49 yuan.
Guangzhou Fangbang Electronics (688020.SH) released its performance for the first three quarters, with a net loss of 39.63 million yuan.
Guangzhou Fangbang Electronics (688020.SH) disclosed its third quarter report for 2024, achieving revenue of 2....
Guangzhou Fangbang Electronics Co.,Ltd's (SHSE:688020) 26% Jump Shows Its Popularity With Investors
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